Jakarta – Shares of companies with renewable energy businesses listed on the Indonesia Stock Exchange (IDX) closed mixed, with the majority ending in the red zone in early trading this week, Monday, January 20.
Of the eight stocks listed, four ended weak, only two strengthened, and two ended stagnant.
The four shares of renewable energy issuers that closed lower were PT Barito Renewables Energy Tbk (BREN) which fell 2.29% at 9,600, PT Maharaksa Biru Energi Tbk (OASA) which fell 2.88% at 135, PT Arkora Hydro Tbk (ARKO) which fell 1.04% at 955, and PT Pertamina Geothermal Energy Tbk (PGEO) which fell 0.54% at 915.
The two shares of renewable energy issuers that ended up in the green were PT Terregra Asia Energy Tbk (TGRA), which rose 2.13% at level 48, and PT Semacom Integrated Tbk (SEMA), which rose 1.18% at level 86.
Meanwhile, the shares of renewable energy issuers that ended stagnant were PT Kencana Energi Lestari Tbk (KEEN) at 620 and PT Hero Global Investment (HGII) at 194. (hs)